NSRCEL-IIM Bangalore
Indian Institute Of Management Bangalore Nsrcel, Bannerghatta Rd, Sundar Ram Shetty Nagar, Bilekahalli, Bengaluru, Karnataka, 560076, India
Overview
NSRCEL trains and promotes entrepreneurship and acts as incubator cell for startup companies. The organization’s activities include research, mentorship, incubation, seminars and panels, entrepreneurship events, training, education programs, and more. NSRCEL was founded in 2002 is based in Bangalore, India.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 4
Sector focus
- Association
- Education
- Incubators
- Training
Investment portfolio
- Reneonix
Participated · Seed · Feb 2026
Founded in 2023 by Iwan Richard, Karthik Sankar, Varun Pandithurai and Mohammad Mohiyeddin, Reneonix provides an end-to-end platform that collects, sorts, processes and transports post-consumer glass while offering detailed reporting so brands can plug circular raw materials into their supply chains. The company’s initial focus is on building hardware and material-science innovations that turn waste glass into reusable inputs. Beyond standard cullet, the team is developing higher-margin derivatives such as foam glass to expand monetisation opportunities. Funds are being channelled into R&D to advance commercial prototypes and pilot deployments. Reneonix is currently pre-revenue and is running pilots with prospective customers. The company positions itself as critical infrastructure that helps packaging manufacturers meet sustainability targets and circular-economy mandates.